The Kroger Co. (KR)

NYSE: KR · USD

$65.0

-0.87 (-1.3%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-10-04

Our latest published analysis: KR rated Hold

The Kroger Co.'s published Hold conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$63.6 / share

Potential value

$104 / share

Upside to FV

+7.7%

from $65.0

Moat

6.5/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$34.9B
Revenue (ttm)	149.3B
Net income (ttm)	1.1B
EPS (ttm)	$1.72
Shares out	590.6M
P/E (trailing)	37.8x
P/E (forward)	11.3x
Dividend	$1.56 (2.40%)
Volume	3,041,775
Beta	0.35

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 149.3B
Net income (ttm): 1.1B
EPS (ttm): $1.72
P/E (trailing): 37.8x
P/E (forward): 11.3x
Market cap: $34.9B

Item	P1	P2	P3	P4	P5	Trend
Period	2022-01-29	2023-01-28	2024-02-03	2025-02-01	2026-01-31	Trend
Revenue	$137.89B	$148.26B	$150.04B	$147.12B	$147.64B	+1.7%
Gross profit	$30.35B	$31.78B	$33.36B	$33.40B	$34.40B	+3.2%
Operating income	$3.48B	$4.13B	$3.10B	$3.85B	$1.89B	-14.1%
Net income	$1.66B	$2.24B	$2.16B	$2.67B	$1.02B	-11.5%
EPS (diluted)	$2.17	$3.06	$2.96	$3.67	$1.54	-8.2%
EBITDA	$6.05B	$7.02B	$7.03B	$7.64B	$5.76B	-1.2%
R&D	—	—	—	—	—	—
SG&A	$845.0M	$839.0M	$891.0M	$877.0M	$872.0M	+0.8%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ABBV	AbbVie Inc.	505.6B	80.8x	7.9x	17.7%	+3.7%	+29.1%	매도
ABT	Abbott Laboratories	177.6B	38.2x	3.7x	7.2%	+2.7%	-17.2%	비중 축소
ACN	Accenture plc	144.3B	18.0x	2.0x	27.9%	+8.0%	+0.4%	보유
ADM	Archer-Daniels-Midland Company	37.3B	21.2x	0.5x	5.0%	+1.8%	+28.5%	비중 축소
BF.B	Brown-Forman Corporation Class B	12.7B	17.9x	3.3x	14.3%	+1.6%	+0.4%	매수
CAG	Conagra Brands, Inc.	6.6B	—	0.6x	9.2%	+0.2%	-18.9%	적극 매수

Base and Bull scenarios

Base55%

Price target

$63.59

+7.7% from spot

Under the Base scenario, Kroger maintains its defensive market positioning as a dependable grocery provider. Stable consumer demand for core non-perishable grocery staples anchors top-line volume, while continuous sourcing cost reductions and digital retail media growth defend operating margins against retail wage and logistics inflation. Supported by strong free cash flow conversion, Kroger executes steady share repurchases that compound per-share earnings. With an assessed probability of 55.0%, this scenario yields a target value of $63.59, delivering an implied return of 7.7% relative to $59.03 and aligning with Fair value $63.59.

Identical sales without fuel expand at a modest rate tracking food-at-home consumer demand
Operating margins stabilize near normalized levels supported by sourcing cost reductions
Digital retail media revenue continues steady expansion to offset core store cost inflation
Capital allocation maintains maintenance capital expenditures, regular dividends, and share repurchases

Bull20%

Price target

$103.69

+75.7% from spot

In the Bull scenario, high-margin alternative profit streams scale rapidly, transforming Kroger's margin profile beyond conventional grocery retail limits. Digital retail media advertising contribution expands faster than projected, while Our Brands private label items capture increased market share among price-conscious consumers, driving meaningful FIFO gross margin expansion. Omnichannel delivery initiatives enhance customer loyalty and basket size, accelerating top-line growth. With an assessed probability of 20.0%, this scenario generates a target valuation of $103.69, offering an implied return of 75.7% from $59.03 and approaching Potential value $103.69.

Digital retail media advertising monetization accelerates well ahead of expectations
Our Brands private label penetration expands rapidly, widening FIFO gross margins
Omnichannel fulfillment and rapid delivery capture incremental market share from regional competitors
Exceptional free cash flow conversion enables accelerated share repurchases and rapid balance sheet deleveraging

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($63.59). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	1.5%	1.8%	2.0%	2.3%	2.5%
5.9%	$70.7	$73.4	$76.4	$79.8	$83.8
6.4%	$64.8	$67.0	$69.3	$72.0	$75.0
6.9%	$59.9	$61.7	$63.6	$65.7	$68.0
7.4%	$55.8	$57.3	$58.8	$60.5	$62.4
7.9%	$52.3	$53.5	$54.8	$56.2	$57.7

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E11.3

P25 n/aP50 n/aP75 n/a

Trailing P/E31.9

P25 n/aP50 n/aP75 n/a

ROE14.4

P25 n/aP50 n/aP75 n/a

ROIC13.9

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All KR indicators

Market & fundamental data

Available fields

292

Groups with data

Currency

USD

Showing 292 of 292 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000056873
Company name	The Kroger Co.
Country	United States
Country code	US
CUSIP number	501044101
Earnings date	2026-12-03
Earnings time	bmo
Employees	403,000
Employees change	-6,000
Employees growth	-1.47%
Enterprise value	$60.9B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-08-15
First seen	2026-05-09
Fiscal year end	January
Founded	1883
In index	SP500
Industry	Grocery Stores
Is primary listing	Yes
Is SPAC	No
ISIN number	US5010441013
Last 10-K release date	2026-03-31
Last earnings date	2026-09-11
Last refreshed	2026-10-28
Last stock split date	2015-07-14
Last stock split type	Forward
Market cap	$38.4B
Market cap category	Large-Cap
Next earnings date	2026-12-03
Options	Yes
Price	$65.00
Price currency	USD
Sector	Consumer Staples
SIC code	5411
Stock price date	2026-10-28
Symbol	KR
U.S. state	Ohio
Website	https://www.thekrogerco.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	13x
Average P/E ratio (10Y)	17.36x
Average P/E ratio (3Y)	24.91x
Average P/E ratio (5Y)	22.23x
Earnings yield	2.65%
EV/Earnings	56.77x
EV/EBIT	12.79x
EV/EBITDA	7.61x
EV/FCF	25.67x
EV/Sales	0.41x
FCF / EV yield	3.9%
FCF yield	6.16%
Forward EV/Sales	0.4x
Forward P/E	12.15x
Forward P/S	0.26x
Graham number	19.47706
Graham upside	-70.29%
Industry forward P/E	11.91x
Industry P/E	41.58x
Lynch fair value	$8.60
Lynch upside	-86.88%
P/(FCF - SBC) ratio	17.53x
P/(OCF - SBC) ratio	5.93x
P/B ratio	6.72x
P/E ratio	37.78x
P/FCF ratio	16.24x
P/OCF ratio	5.77x
P/S ratio	0.26x
PEG ratio	1.42x
Price / tangible book value	16.35x
Price/EBITDA ratio	4.81x
Sector forward P/E	21.3x
Sector P/E	28.26x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	3.2%
EBITDA margin	5.39%
Effective tax rate	18.63%
FCF margin	1.6%
Gross margin	23.9%
Operating margin	3.2%
Pretax margin	0.9%
Profit margin	0.73%
Profit per employee	$2,675
Profitable quarters	3
Profitable years	21
Revenue per employee	$370,536
ROA	5.8%
ROA (5Y)	5.57%
ROCE	15.4%
ROE	14.44%
ROE (5Y)	20.41%
ROIC	13.87%
ROIC (5Y)	12.46%
SBC / revenue	0.12%
Tax / revenue	0.17%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-56.13%
EPS growth (Q)	15.33%
EPS growth (QoQ)	-28.12%
EPS growth 10Y	-2.02%
EPS growth 3Y	-8.38%
EPS growth 5Y	2.85%
EPS growth quarters	3
EPS growth years	0
FCF growth	7.78%
FCF growth (Q)	-72.85%
FCF growth (QoQ)	-65.28%
FCF growth 3Y	-5.59%
FCF growth 5Y	7.1%
Gross profit growth	1.52%
Gross profit growth (Q)	0.61%
Gross profit growth 3Y	2.26%
Gross profit growth 5Y	2.94%
Net income growth	-60.25%
Net income growth (Q)	5.26%
Net income growth (QoQ)	-29.1%
Net income growth 3Y	-12.66%
Net income growth 5Y	-1.3%
Net income growth quarters	3
Net income growth years	0
OCF growth	11.47%
OCF growth (Q)	-14.82%
OCF growth (QoQ)	-26.1%
OCF growth 10Y	2.74%
OCF growth 3Y	1.39%
OCF growth 5Y	8.15%
Operating income growth	3.86%
Operating income growth (Q)	0.29%
Operating income growth 3Y	1.17%
Operating income growth 5Y	12.19%
Revenue growth	1.58%
Revenue growth (Q)	2.01%
Revenue growth (QoQ)	-24.93%
Revenue growth 10Y	2.88%
Revenue growth 3Y	0.29%
Revenue growth 5Y	2.28%
Revenue growth quarters	5
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-4.3B
Depreciation and amortization	$3.3B
EBIT	$4.8B
EBITDA	$8B
EPS	$1.72
FCF per share	$4.04
Financing cash flow	$-5.7B
Free cash flow	$2.4B
Free cash flow minus SBC	$2.2B
Gross profit	$35.7B
Income taxes	$250M
Investing cash flow	$-4.2B
Net borrowing	$-979M
Net cash flow	$-3.2B
Net income	$1.1B
Operating cash flow minus SBC	$6.5B
Operating income	$4.8B
Revenue	$149.3B
Stock-based compensation	$175M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	4.62
Book value per share	$9.80
Debt / EBITDA	2.71
Debt / equity	4.13
Debt / FCF	10.13
Goodwill	$2.6B
Interest coverage	5.56
Long-term assets	$36.6B
Long-term liabilities	$25.2B
Net cash (debt)	$-22.5B
Net cash / market cap	-58.06%
Net debt / EBITDA	2.8
Net debt / equity	3.85
Net debt / FCF	9.43
Piotroski F-Score	6
Property, plant and equipment	$32B
Shareholders' equity	$5.8B
Tangible book value	$2.4B
Tangible book value per share	$3.97
Total assets	$49.5B
Total cash	$1.7B
Total debt	$24.2B
Total liabilities	$43.6B
WACC	4.93%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	2.9
Current assets	$12.9B
Current liabilities	$18.4B
Current ratio	0.7
Inventory turnover	16.09
Net working capital	$-4.7B
Quick ratio	0.21
Working capital	$-5.5B
Working capital turnover	-46.77

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	8.58%
Dividend growth	10.45%
Dividend growth (10Y)	12.64%
Dividend growth (3Y)	10.4%
Dividend growth (5Y)	13.67%
Dividend growth years	19
Dividend payment date	2026-12-01
Dividend payment years	21
Dividend payout frequency	Quarterly
Dividend per share	$1.56
Dividend yield	2.4%
Ex-dividend date	2026-11-16
FCF payout ratio	38.65%
Last dividend	$0.39
Payout ratio	90.66%
Shareholder yield	10.96%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	109.87%
10Y return CAGR	9.97%
10Y total return	158.67%
150-day SMA	$62.08
15Y price change	454.28%
15Y return CAGR	14.26%
15Y total return	638.88%
1D price change	-1.32%
1M price change	10.83%
1M total return	10.83%
1W price change	3.37%
1W total return	3.37%
1Y price change	-4.31%
1Y return CAGR	-2.14%
1Y total return	-2.14%
20-day SMA	$62.66
200-day SMA	$63.61
20Y price change	471.05%
20Y return CAGR	11.1%
20Y total return	720.09%
3M price change	12.28%
3M total return	13.05%
3Y price change	46.52%
3Y return CAGR	16.14%
3Y total return	56.67%
50-day SMA	$60.24
50-day SMA vs 200-day SMA	50under200
52-week high	$76.58
52-week high date	2026-03-12
52-week low	$54.15
52-week low date	2026-07-01
5Y price change	64.89%
5Y return CAGR	12.95%
5Y total return	83.79%
6M price change	-1.21%
6M total return	-0.01%
All-time high	$76.58
All-time high date	2026-03-12
All-time low	$0.45
All-time low date	1974-09-16
Average true range (ATR)	$1.74
Average volume	6.8M
Beta (1Y)	-0.76
Beta (2Y)	-0.27
Beta (5Y)	0.35
Change from 52-week high	-15.12%
Change from 52-week low	20.04%
Change from all-time high	-14.99%
Change from all-time low	14,519.36%
Change from open	-0.46%
Day's gap	-0.87%
Dollar volume	$197.7M
High price	$65.75
Low price	$65.00
Monthly RSI	54.38
Open price	$65.30
Position in 52-week range	0%
Premarket change	-0.56%
Premarket close	$65.87
Premarket price	$65.50
Premarket volume	1.2K
Previous close	$65.87
Price vs 150-day SMA	4.87%
Price vs 20-day SMA	3.89%
Price vs 200-day SMA	2.35%
Price vs 50-day SMA	8.07%
Relative volume	0.45
RSI	59.5
Sharpe ratio	-0.06
Sharpe ratio (3Y)	0.59
Sharpe ratio (5Y)	0.44
Sortino ratio	0.11
Sortino ratio (3Y)	1.14
Sortino ratio (5Y)	0.89
Volume	3M
Weekly RSI	56.72
YTD price change	4.19%
YTD total return	5.99%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	587.9M
Float percentage	99.54%
Shares change (QoQ)	-1.14%
Shares change (YoY)	-8.58%
Shares held by insiders	0.35%
Shares held by institutions	83.75%
Shares outstanding	590.6M
Short % of float	5.33%
Short % of shares	5.31%
Short ratio	3.8 days

Deeper analysis on KR

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this KR report

What is the latest published KR stock rating?

The Kroger Co. is shown with Hold in the latest published report, analyzed 2026-10-04. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full KR analysis?

The full latest published report, analyzed 2026-10-04, lives at /stocks/KR/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for KR?

The latest published report analyzed 2026-10-04 gives KR a fair value of USD 64 and a potential value of USD 104. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the KR page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-10-04). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

HoldKR · Fair value $63.6+7.7%

Read full analysis →

The Kroger Co. (KR)

Our latest published analysis: KR rated Hold

Price

Financial snapshot

Fair-value bridge

Latest news · KR

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All KR indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on KR

Frequently asked questions

등급 이력

Category	Score	Reading
Valuation	6.0
Management	6.5
Balance Sheet	1.5
Profitability	5.0
Revenue Growth	4.5
Risk Assessment	3.5
Competitive Moat	6.5
Earnings Quality	8.0
Capital Efficiency	5.5